The largest distributor of helium products in the U.S., Airgas Inc. has declared force majeure and is ceasing or sharply reducing supplies to customers under existing contracts. Airgas has a 22% market share in helium products in U.S.
The British trade magazine Gasworld writes that there is no immediate way to "return everything to its previous state," and that Airgas Inc.'s helium supplies will be significantly reduced "for many years. ", since helium is obtained as a byproduct of natural gas processing, the reduction in its production directly reduces supply.
The largest distributor of helium products in the U.S., Airgas Inc. has declared force majeure and is ceasing or sharply reducing supplies to customers under existing contracts. Airgas has a 22% market share in helium products in U.S.
The British trade magazine Gasworld writes that there is no immediate way to "return everything to its previous state," and that Airgas Inc.'s helium supplies will be significantly reduced "for many years. ", since helium is obtained as a byproduct of natural gas processing, the reduction in its production directly reduces supply.